UPDATE: Northstar Healthcare Inc. Announces Estimated Monthly Revenue of $4 Million for October 2013

HOUSTON, TX--(Marketwired - Nov 5, 2013) - Northstar Healthcare Inc. (TSX: NHC) today announced its estimated revenue for October 2013. On a consolidated basis, Northstar's estimated revenue for October was $4.0 million, or an estimated increase of $2.6 million over Northstar's revenue for October 2012. Northstar's Board of Directors will meet on November 13^th and Northstar expects to release its consolidated financial statements at the close of the markets that day.

About Northstar Healthcare Inc.

Northstar partners with physicians in the ownership and management of ambulatory facilities and healthcare services. Northstar owns and manages interests in three ambulatory surgery centers, two in Houston and the third in Dallas.

Forward-looking statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to business of Northstar Healthcare Inc. (the "Company") and the environment in which it operates. Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. These risks and uncertainties are discussed in the Company's regulatory filings available on the Company's web site at www.Northstar-Healthcare.com or at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. The Company undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances.